ARA2004-09 RESOLUTION NO.�, 2004-�9
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY ADOPTING THE FISCAL YEAR 2004/05 BUDGET
WHEREAS, the City Council of the City of Anaheim's (the "City") has conducted a public
hearing (the `Budget Public Hearing") regarding the City's proposed FY 2004/OS Operating
Budget & Capital Improvement Program (the "FY 2004/OS Budget"); and
WHEREAS, as part of the Budget Public Hearing, the City Council of the City was presented
with, among other things, that portion of the proposed FY 2004/OS Budget for the Community
Development Department of the City; and
WHEREAS, the Community Development Department's proposed FY 2004/OS Budget
�"" includes, among other things, the proposed FY 2004/OS Budget (the "Agency's FY 2004/OS
Budget") far the Anaheim Redevelopment Agency (the "Agency"); and
WHEREAS, the Agency's FY 2004/OS Budget contains all of the following specific information
required by Section 33606 of the California Health and Safety Code:
(a) all activities to be financed by the Low and Moderate Income Housing Fund
established pursuant to California Health and Safety Code Section 33334.3,
(b) the proposed expenditures of the Agency,
(c) the proposed indebtedness to be incurred by the Agency,
(d) the anticipated revenues of the Agency,
(e) the work program for the coming year, including the goals of the Agency, and
(� an examination of the previous year's achievements and a comparison of the
achievements with the goals of the previous year's work program.
WHEREAS, the Agency's FY 2004/OS Budget includes the proposed planning and
administrative expenditures (the "Low and Moderate Income Housing Planning and
Administrative Expenditures") directly related to the programs and activities authorized under
subdivision (e) of Section 33334.2 of the California Health and Safety Code (the "Low and
Moderate Income Housing Activities"); and
WHEREAS, the City Council of the City has adopted the FY 2004/OS Budget.
NOW, THEREFORE, THE GOVERNING BOARD OF THE ANAHEIM
REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. Adoption of Fiscal Year 2004/OS Budget. The Agency's FY 2004/OS Budget, as
set forth in the adopted FY 2004/OS Budget for the City, is hereby approved and adopted, as
required under Section 33606 of the California Health and Safety Code.
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Section 2. Planning and Administrative Expenditures. The Low and Moderate Income
Housing Planning and Administrative Expenditures included in the Agency's FY 2004/OS
Budget are (i) necessary and proportionate to the proposed costs and expenditures related to the
Low and Moderate Income Housing Activities, and (ii} reasonable and necessary costs for the
production, improvement and preservation of low- and moderate-income housing, all in
accordance with subdivisions (d) and (e) of Section 33334.3 of the California Health and Safety
Code.
Section 3. Real Property Acquired with Low and Moderate Income Housing Fund
Moneys. With respect to all real property interests acquired by the Agency with moneys from
the Low and Moderate Income Housing Fund five (5) or more years ago, the Agency has initiated
activities consistent with the development of such property for the purpose of developing housing
affordable to persons and families of low and moderate income, as required under Section
33334.16 of the California Health and Safety Code.
..�.
THE FOREGOING RESOLUTION IS PASSED, APPROVED AND ADOPTED BY THE
GOVERNING BOARD OF THE ANAHEIM REDEVELOPMENT AGENCY THIS
TWENTY-SECOND (22ND) DAY OF JUNE, 2004, BY THE FOLLOWING ROLE CALL
VOTE:
AYES •Chairman Pringle, Agency Members Chavez, Hernandez, �1cCracken
NOES: none
ABSTAIN: none
� ABSENT• Agency Member Tait
CHAIRMAN
ATT ST:
G�NC SECRETARY
54562.1
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